Just in:
Empty Promises Haunt DAO Maker Hack Victims After Three Years // Cairo Recognizes Arab World’s Creative Luminaries at Award Ceremony // Leading with Compliance, ZUHYX Earns the Canadian MSB License // PolyU forms global partnership with ZEISS Vision Care to expand impact and accelerate market penetration of patented myopia control technology // ESG Achievement Awards 2023/2024 is Open for Application, Celebrating Innovative Sustainable Practices and Responsible Risk Management // Cobb’s Game-Changer: Introducing One-Stop Event Transport Management Solution // Quality HealthCare Partners with eHealth to Enhance Patient Treatment Efficiency // Telecom Giant Du Eyes Crypto Integration for FinTech Platform // NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally // Congress in firefighting mode amid row over Pitroda remarks // Election Commission Has A Dismal Record On Acting Against Modi’s Breaches Of Poll Code // ZUHYX Exchange: Embracing Social Responsibility for a Sustainable Future // Central Bank of Nigeria Debunks Rumors of Crypto Account Freeze // Andertoons by Mark Anderson for Thu, 25 Apr 2024 // New Dynamics in Cryptocurrency Security: ZUHYX Builds the Strongest Fund Protection System // Octa crypto snapshot: investors behavior predictions after Bitcoin halving // UAE Scrutinizes Report on Racial Discrimination Treaty // Lai & Turner Law Firm PLLC Welcomes Eric Strocen as Director of Family Law Division // Dubai Gears Up for Second FinTech Summit as Funding Surges // UAE President, Spanish Prime Minister Hold Phone Talks //

Ex-distributor loses case against Nissan

120AAC20reveals20Sunnys20exponential20sales.jpg.ximg .l 12 h.smart1  e1655471565710

Arabian Post Staff

Nissan has won the case in which its erstwhile distributor Al Dahana FZCO brought various claims against it in the wake of their joint venture business in the Middle East, named Nissan Gulf FZCO was called off in 2019.

In 2008 Nissan entered into an agreement with Al Dahana to form a joint-venture called NGF to manage the distribution of vehicles in part of the Middle East. When the agreement ended in 2019, responsibility for these activities transferred to Nissan’s regional business unit in Dubai. Since then, Nissan has been in dispute with Al Dahana.

ADVERTISEMENT

But Al Dahana challenged the action and made several claims against the principal, which have now been decided in favour of the Japanese company

Nissan has welcomed a judgement from the Dubai Court of Appeal ruling in its favour, following a long-running legal case brought by a former distribution partner.

On June 8th, the Dubai Court of Appeal issued a comprehensive judgement in favour of Nissan.  This Dubai Court of Appeal judgement overturns an earlier Dubai Court of First Instance decision in favour of Al Dahana.

The Dubai Court of Appeal has now cancelled the earlier judgement of the Dubai Court of First Instance, and dismissed all of Al Dahana’s claims against Nissan.

Thierry Sabbagh, President, Nissan Saudi Arabia and Managing Director, Nissan Middle East FZE, said: “We welcome the judgement from the Dubai Court of Appeal, which means that Nissan has now been successful in defending a broad range of different claims from Al Dahana.

“Throughout this period we have been confident that Nissan has acted properly and now we can move forwards with the support of our employees, customers and valued partners in the region.

“The Middle East has strategic importance for Nissan, where nearly 30 years ago we were the first Japanese carmaker to establish a regional headquarters. Having celebrated the 70th anniversary of the Nissan Patrol at Expo 2020 Dubai last December as the official automotive partner, we’re extremely proud of our heritage, and of the essential part that Dubai will continue to play in Nissan’s success.”

 

 


Also published on Medium.

ADVERTISEMENT

ADVERTISEMENT
Just in:
Quality HealthCare Partners with eHealth to Enhance Patient Treatment Efficiency // ESG Achievement Awards 2023/2024 is Open for Application, Celebrating Innovative Sustainable Practices and Responsible Risk Management // Cobb’s Game-Changer: Introducing One-Stop Event Transport Management Solution // Prince Holding Group’s Chen Zhi Scholarship Clinches Silver Stevie for CSR Excellence at Asia-Pacific Stevie Awards // Cairo Recognizes Arab World’s Creative Luminaries at Award Ceremony // Empty Promises Haunt DAO Maker Hack Victims After Three Years // Congress in firefighting mode amid row over Pitroda remarks // Dubai Gears Up for Second FinTech Summit as Funding Surges // PolyU forms global partnership with ZEISS Vision Care to expand impact and accelerate market penetration of patented myopia control technology // UAE and Ecuador Set Course for Economic Pact // Andertoons by Mark Anderson for Thu, 25 Apr 2024 // Telecom Giant Du Eyes Crypto Integration for FinTech Platform // UAE President, Spanish Prime Minister Hold Phone Talks // Astana International Exchange Connects with Regional Markets Through Tabadul Hub // Lai & Turner Law Firm PLLC Welcomes Eric Strocen as Director of Family Law Division // CBN Targets User Accounts // Etihad Airways Announces Paris Service with A380 // Abu Dhabi Secures US$5 Billion in Fresh Funding // NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally // ZUHYX Exchange: Embracing Social Responsibility for a Sustainable Future //